The spread of management education in India since the early sixties has raised a number of issues concerning the relevance, necessity, performance, utility, etc. of trained professional managers. The experience of organizations employing management graduates has been mixed. Management graduates have often been considered not too loyal to the organizations they work in resulting in the phenomenon of "job-hopping". Most explanations for this phenomenon have been derived from the perspective of organizations employing management graduates. This paper presents the view of a sample of prospective managers about the characteristics of organizations in which they would prefer to work. Thirty-five characteristics of organizations which are perceived to be important by prospective managers are identified. The findings of this study may help in achieving a better match between the expectations of young managers from employing organizations and what these organizations can offer.